TY - JOUR
T1 - The cyclical nature of Consumer Sentiments Indices in the US and UK
AU - Easaw, Joshy Z
AU - Ghoshray, Atanu
PY - 2008/10
Y1 - 2008/10
N2 - The present paper investigates the cyclical nature of Consumer Sentiments Indices (CSIs) for the US and UK. Using Threshold Autoregressive (TAR) models the empirical analysis indicates that the US CSI is mean reverting but adjusts asymmetrically and downwardly rigid.
AB - The present paper investigates the cyclical nature of Consumer Sentiments Indices (CSIs) for the US and UK. Using Threshold Autoregressive (TAR) models the empirical analysis indicates that the US CSI is mean reverting but adjusts asymmetrically and downwardly rigid.
UR - http://www.scopus.com/inward/record.url?scp=50849128127&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.socec.2008.01.011
U2 - 10.1016/j.socec.2008.01.011
DO - 10.1016/j.socec.2008.01.011
M3 - Article
VL - 37
SP - 1994
EP - 1998
JO - Journal of Socio-Economics
JF - Journal of Socio-Economics
IS - 5
ER -